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Gaymar Industries' plant for sale

Gaymar Industries is still operating in Orchard Park, but its plant is already for sale, for $3.9 million.

Last December, Gaymar's parent company, Stryker Corp., announced it would close Gaymar's operations in Orchard Park and West Seneca this year, eliminating 160 jobs. Michigan-based Stryker bought Gaymar, a maker of medical devices, in 2010 for $150 million in an all-cash deal.

The 112,000-square-foot plant is located on 15 acres at 10 Centre Drive, in the Quaker Centre Industrial Park near Route 219. The facility was built in 1983, and an addition was built in 1989.

Richard Schechter of Pyramid Brokerage Co.'s Buffalo office, who is marketing the property for sale, said plans call for Gaymar's operations to be wrapped up by year's end, with production to end sometime in the third quarter.

The Gaymar site only recently went on the market but is attracting interest, Schechter said. "We've shown it a couple of times."

The property has a total assessed value of $3.6 million, according to county records.

Stryker is closing the Gaymar plant and relocating its equipment to other facilities as part of Stryker's broader restructuring moves aimed at cutting costs.

email: mglynn@buffnews.com